Tips for Finding Self Storage in Amherst, VA
There are a few things you should know about Amherst self storage before you begin your search. The pricing and availability of storage units in Amherst will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Amherst to give you a better idea of these factors.Moving and Storage in Amherst, VA
If there are many people moving to or from Amherst, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Amherst by looking at the change in population. US Census data tells us that the Amherst metro area's population shrank from 2,232 in 2010 to 2,206 in 2014, a decline of -1.16%.The Relationship Between Real Estate and Self Storage in Amherst, VA
One way to get an idea of the demand for housing and storage space in Amherst is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Amherst, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Amherst area. According to US Census estimates, 90.7% of housing units in Amherst are occupied, while the vacancy rate is at 9.3%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Amherst may also be higher. That might make it harder to find cheap storage in Amherst.